RE: Opportunity27 Jun 2020 15:22
Well the BB has certainly been entertaining of late, but just remember there should be tolerance of both traders and LTH's. For the most part Candlestick patterns are about spotting market turns, If you can spot a turn, then you can profit from it. The value of candlestick patterns to spot trading opportunities is a thorny topic among the trading community, but there have been statistical studies on the accuracy of technical analysis and the results are pretty convincing, so great for traders. Similarly, LTH's wouldn't dream of investing based purely on charts and must rely on more in depth knowledge of the company and its future prospects. So credit swazers with predicting a bottom during an RNS free period based on MM trends and signals, but also heed the warnings of LTHs that this sp will move significantly up or down on positive/negative news in the scheduled production RNS before end this month. And please remember, no-one is forced to read posts that they find annoying or unhelpful, just filter the poster rather than insult them